Hindustan Asset Reconciliation and Securitisation Limited (HARASL)

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Hindustan Asset Reconciliation and Securitisation Limited (HARASL)
Harasl
Type Business and Financial Service Company
Founded 2016
Director Dr. M. Gyanendra
Headquarters New Delhi, India
Area served India, United Kingdom, United States, Dubai, Australia
Key people Dr. M. Gyanendra (Director)
Industry Business Services
Services Loan settlement, NPA management, insolvency processes, liquidation, corporate governance crisis resolution
Branches United Kingdom, United States, Dubai, Australia
Website https://harasl.com/

Hindustan Asset Reconciliation and Securitisation Limited (HARASL)[1] is India's largest and the biggest loan settlement and non-performing asset (NPA) management company. The company is also renowned for its signature services in insolvency processes, liquidation, and corporate governance crisis resolution. HARASL was established in 2016 by Dr. M. Gyanendra and other visionaries with the mission to provide comprehensive asset reconciliation services. The company's establishment was driven by the increasing demand for efficient and effective resolution of financial and corporate crises in India.[2][3]

HARASL operates not only in India but also has a significant international presence. The company has established operations in the United Kingdom, the United States, Dubai, and Australia. This global footprint enables HARASL to offer its expertise to a broad range of clients, including multinational corporations and financial institutions.

Overview

HARASL specializes in large-scale loan settlement, NPA management, debt recovery, asset reconciliation, company crisis management, and insolvency crisis resolution. The company's expertise in banking dispute settlement and loan resolution sets it apart within the industry.

Services

HARASL provides the following services:

  • Large Scale Loan Settlement
  • NPA Management
  • Debt Recovery
  • Asset Reconciliation
  • Company Crisis Management
  • Insolvency Crisis Resolution

Contributions

HARASL has significantly contributed to saving corporations from liquidation and winding up through its strategic approach to corporate debt resolution. The company has earned an unmatched reputation in large-scale debt recovery for corporate and high-net-worth individual (HNI) segments.

Locations

HARASL operates in:

  • India
  • United Kingdom
  • United States
  • Dubai
  • Australia

Vision and Mission

Vision

To be the leading asset reconciliation and securitisation company, enhancing wealth and capital velocity for the Indian economy.

Mission

To offer a lawful platform for asset reconciliation and wealth management, establish fair business practices, and expand the market for disputed debts.

Expertise

HARASL specializes in minimizing and resolving Non-Performing Assets (NPAs), facilitating One Time Settlements (OTS), and providing effective loan settlement solutions. The company operates with deep industry knowledge and employs advanced methodologies to ensure prompt resolution and maximize returns for clients.

  • Non-Performing Assets (NPAs): HARASL addresses NPAs from banks, financial institutions, NBFCs, PSUs, corporate houses, and government departments, aiding partners in improving financial health.
  • One Time Settlements (OTS): Facilitating legal agreements between borrowers and lenders, resolving debts in full through comprehensive payments.
  • Loan Settlement: Offering swift and effective solutions tailored to specific client needs, ensuring prompt settlements and maximizing returns.

Approach

HARASL acquires diverse non-performing assets including long-pending debts, legal dues, bills, movable and immovable properties, and loans. Operations adhere to legal frameworks, ensuring compliance and transparency to maximize returns promptly.

Why Choose HARASL

  • Expertise: Deep domain knowledge and industry experience in asset reconciliation and loan resolution.
  • Efficiency: Advanced methodologies ensuring quick and effective resolution of NPAs and bad debts.
  • Reliability: Commitment to maintaining integrity and transparency in all dealings.

HARASL is committed to providing exceptional service and innovative solutions in asset reconciliation and securitisation, helping clients achieve financial stability and growth through effective management of non-performing assets.

External Links

References

  1. ↑ https://www.mid-day.com/brand-media/business-and-services/article/hindustan-asset-reconciliation-and-securitisation-limited-advocates-one-time-settlement-as-savior-for-defaulting-borrowers-1389
  2. ↑ https://economictimes.indiatimes.com/company/hindustan-asset-reconciliation-andsecuritisation-limited/U74992DL2016PLC303420
  3. ↑ https://www.ahmedabadmirror.com/haral-welcomes-s-kesri-to-lead-loan-moratorium-department-propelling-financial-services-expansion/81869876.html
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